EFFECT OF INVENTORY MANAGEMENT ON THE PERFORMANCE OF MANUFACTURING COMPANIES IN NIGERIA

Abstract

TABLEOF CONTENTS

Abstract

CHAPTER ONE: INTRODUCTION

1.1     Background of the Study...........................................................................

1.2  Statement of Problem................................................................................ 4

1.5     Research Hypothesis................................................................................. 7

1.6     Significance of the study........................................................................... 7

1.8     Definition of Terms.................................................................................. 9

CHAPTER TWO: REVIEW OF RELATED LITERATURE

2.1     General Overview of Nigeria Breweries................................................... 11

2.2 Concept of Inventory.............................................................................. 12 

2.2.1  Types of Inventory ................................................................................. 14

2.2.2  Reasons for Inventory............................................................................. 16 

2.3     Inventory Management........................................................................... 18

2.3.1 Inventory levels ..................................................................................... 19

2.3.2  Inventory Costs ...................................................................................... 20

2.3.4 Customer satisfaction............................................................................... 20

2.4     Inventory Management Techniques......................................................... 22

2.4.1  Economic Order Quantity (EOQ) Model.................................................. 22

2.4.2  Just in time (J.I.T) .................................................................................. 24

2.4.3  The Action Level Methods of Inventory Management ............................. 24

2.5     Theoretical Framework .......................................................................... 25

2.5.1   Relationship Marketing Theory.............................................................. 25

2.5.2 Assimilation Theory .............................................................................. 26

2.6     Empirical Review................................................................................... 27

CHAPTER THREE:RESEARCH METHODOLOGY

3.1     Research Design  ................................................................................... 31

3.2     Area of the Study ................................................................................... 31

3.3 Sources of Data ..................................................................................... 31

3.4    Data Analysis Technique........................................................................ 32

3.5    Model Specification................................................................................ 32

CHAPTER FOUR: DATA PRESENTATION AND ANALYSIS

4.1     Data Presentation.................................................................................... 34

4.2     Data Analysis......................................................................................... 34

4.3    Test of hypothesis .................................................................................. 34

4.3.1   Test of hypothesis One............................................................................. 35

4.3.2   Test of hypothesis Two............................................................................ 36

4.3.3    Test of hypothesis Three.......................................................................... 37

4.4     Discussion of result ................................................................................ 38

CHAPTER
FIVE:SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATIONS

5.2     Summary of Findings.............................................................................. 39

5.3     Conclusion............................................................................................. 39

5.3     Recommendations.................................................................................. 40

5.3     Limitation of the Study........................................................................... 41

References....................................................................................................... 42